12031 Valleyheart Drive, Studio City, California 91604, Studio City, 91604 - 3 bed, 4 bath
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Studio City, California 91604
This Stunning Reimagined Spanish Residence is a Strong Value Opportunity, listed at $1,699,000—positioned well below the $1,853,527 Fair Market Value by 8%. This valuation gap offers $154,527 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a chef's kitchen, pool with lap lane, and a detached bonus studio. Located in the Carpenter Community Charter School District, this property is an ideal fit for discerning professionals or owner-occupants seeking a turnkey, high-lifestyle asset in Studio City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12031 Valleyheart Drive Subject | $1,699,000* List Price | 3 | 4 | 2,000 | $927 | - |
A 12166 Laurel Terrace Drive Sold | $1,650,000 | 3 | 2 | 1,842 | $896 | 0.7 mi |
B 4467 Babcock Avenue Sold | $1,799,000 | 3 | 3 | 2,086 | $862 | 0.8 mi |
C 4323 Irvine Avenue Sold | $1,810,000 | 3 | 3 | 1,742 | $1,039 | 0.4 mi |
D 3830 Buena Park Drive Sold | $1,600,000 | 3 | 3 | 2,258 | $709 | 0.6 mi |
E 12333 Hillslope Street Sold | $1,990,110 | 3 | 4 | 2,337 | $852 | 0.6 mi |
F 12302 Sarah Street Sold | $1,974,999 | 3 | 2 | 1,816 | $1,088 | 0.6 mi |
G 12263 Laurel Terrace Drive Sold | $1,960,000 | 4 | 2 | 2,248 | $872 | 0.6 mi |
H 3815 Laurel Canyon Active | $1,950,000 List Price | 4 | 3 | 1,918 | $1,017 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1938, this property has been comprehensively reimagined with a high-end renovation likely within the last 5 years. The interior features a modern chef's kitchen, updated bathrooms with a steam shower, and upgraded systems including a tankless water heater and a 220V EV charger, meeting the criteria for mint condition with no maintenance required.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the highly coveted Carpenter Community Charter School District and moments from Ventura Boulevard, this property offers exceptional walkability to premier dining, shopping, and the Studio City Farmers Market.
The approximately 300-square-foot detached bonus studio above the garage features a private ensuite bathroom, providing a flexible space for a home office, guest suite, or fitness studio.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1710. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The main residence contains only two bedrooms, which may be a constraint for families requiring more than two sleeping quarters within the primary living structure.
At 5,880 square feet, the lot is relatively modest for the price point, leaving limited traditional green space once accounting for the pool, spa, and detached garage structures.
Perfectly positioned in the heart of Studio City and within the coveted Carpenter Community Charter School District, this beautifully reimagined Spanish residence blends timeless character with sophisticated contemporary design. Filled with charm and architectural detail, the approximately 1,710-square-foot main residence showcases soaring beamed ceilings, rich hardwood floors, an inviting living room with fireplace, and a stunning chef's kitchen and effortless indoor-outdoor flow. A dramatic atrium serves as the heart of the home, while expansive glass doors open to a private backyard retreat featuring a pool with lap lane, spa, and built-in BBQ. The main residence features two bedrooms, each with its own ensuite bathroom, plus a powder room. Adding exceptional versatility is a approximately 300-square-foot bonus room creative space, fitness studio, or additional living area. Additional amenities include a tankless water heater, wine fridge, steam shower and a 220V electric vehicle charger. Just moments from Ventura Boulevard's renowned dining, shopping, cafs, and the Studio City Farmers Market, this exceptional property offers the very best of Studio City living.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.0 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,000 | 2,360 |
| Lot Size | 5,880 | 7,887 |
| Price | $1.70M | $2.12M |
| Price per sq ft | $850 | $877 |
| Built year | 1938 | 1953 |
| HOA | $0 | $0 |
| Days on market | 30 | 63 |
Jun 22, 2026
$1,699,000
Initial Listing
Sep 10, 2002
$475,000
Public Record